49 Chambers Street
49 Chambers Street, New York, NY 10007
Tribeca
BBL 1001537501 · BIN 1079216
- Year built
- 1912
- Type
- Condominium
- Landmark
- Designated
Every recorded sale at this building, 2018–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,617
- Listing discount
- 6.0%
- Recorded sales
- 131
- On record
- 2018–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 49 Chambers would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
49 Chambers is one of the most architecturally significant residential conversions in Lower Manhattan. Built in 1912 as the Emigrant Industrial Savings Bank to a Beaux-Arts design by Raymond F. Almirall, the building was among the early skyscrapers to employ an "H"-shaped plan around a central light court — a then-novel solution that gave every floor light and air. In 2018, the Chetrit Group transformed it into 99 condominiums, with Woods Bagot directing the conversion and Gabellini Sheppard Associates handling the interiors, preserving the grand banking hall and the building's ornate Beaux-Arts detail.
The result is a building that trades on a combination almost impossible to replicate: a landmark Beaux-Arts envelope, the volumes and light that come from a former bank's grand proportions, and a deep, contemporary amenity program — all at the seam where Tribeca meets the Civic Center, a few blocks from City Hall Park and the Tribeca dining core.
For buyers, the appeal is a landmark condominium — with the financing latitude, ownership flexibility, and resale liquidity that ownership structure provides — set behind one of downtown's most distinguished façades, with an amenity suite that rivals far newer towers.
Architecture and unit composition
Almirall's design is the building's signature: a rusticated limestone base with banded columns rising to a dignified Beaux-Arts crown, and the innovative "H"-plan light court that floods the interior floors with daylight. The preserved banking hall — with its elliptical stained-glass ceiling and ornate architectural detail — anchors the ground floor and gives the address a sense of permanence no new tower can manufacture.
The 99 residences run from one- to four-bedroom layouts, with the conversion delivering the high ceilings, deep window reveals, and generous proportions that come from a grand early-20th-century bank building. Gabellini Sheppard's interiors pair these inherited volumes with a restrained contemporary finish program. The combination of landmark architecture and modern systems is the building's defining quality, with upper-floor and light-court homes capturing the best of the daylight that the "H"-plan was designed to deliver.
Building operations
49 Chambers runs as a full-service condominium with one of downtown's deepest amenity programs — more than 20,000 square feet in total. The attended lobby leads to a 50-foot lap pool, a hammam and spa, sauna and steam rooms, a fitness center, a golf simulator, a screening room, a residents' lounge, a children's playroom, and a tween lounge, capped by a 7,000-square-foot landscaped roof deck with cabanas and grilling areas. As a condominium, purchases clear through a right-of-first-refusal rather than a co-op board admissions process, and financing, pied-à-terre, trust, and investment ownership are accommodated. The location places residents within steps of the City Hall, Brooklyn Bridge, and Chambers Street transit hubs and the Tribeca restaurant core.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $61,520/yr
- Per unit / month range
- $0 – $52
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 7, 2026 | 5G | 3 BR · 3,225 sf | $3,750,000 | $1,163/sf | off-mkt |
| Feb 6, 2026 | 11A | 2 BR · 2 BA · 1,824 sf | $3,450,000 | $1,891/sf | -1.3% |
| Jan 28, 2026 | 8F | 1 BR · 1.5 BA · 968 sf | $1,515,000 | $1,565/sf | +1.0% |
| Dec 17, 2025 | 5D | 2,261 sf | $3,053,731 | $1,351/sf | off-mkt |
| Dec 17, 2025 | 5D | 2 BR · 2.5 BA · 2,261 sf | $2,999,000 | $1,326/sf | -14.2% |
| May 29, 2025 | 9A | 2 BR · 2 BA · 1,824 sf | $3,630,000 | $1,990/sf | -3.2% |
| May 22, 2025 | 9D | 2 BR · 2.5 BA · 2,256 sf | $3,900,000 | $1,729/sf | -2.4% |
| Dec 20, 2024 | 15H | 2 BR · 2 BA · 1,459 sf | $2,535,000 | $1,737/sf | -6.1% |
Market read. Most recent trades (2026) cleared a median $1,617/sf across 3 sales. Median listing discount 6.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00153-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
49 Chambers offers landmark architecture with new-construction amenities and condominium flexibility — an uncommon combination downtown. Financing is flexible with no co-op cap, there is no board admissions process — purchases clear a right-of-first-refusal — and pied-à-terre, LLC, trust, and investment ownership are accommodated, with freer resale and subletting than a co-op.
Buyers should focus on light and floor — the "H"-plan light court and the upper floors carry the daylight that defines the best homes — and weigh the value of the 20,000-square-foot amenity suite, which functions as a private club. The Tribeca/Civic Center location offers some of downtown's best transit and dining access. For a buyer who wants a landmark address with the services of a modern tower, 49 Chambers is among the strongest options in Lower Manhattan.
What to know if you’re selling
Landmark architecture and a deep amenity program are the marketing core. A 49 Chambers resale leads with the Almirall Beaux-Arts envelope, the preserved banking hall, the "H"-plan light, and the 20,000-square-foot amenity suite — differentiators that distinguish it from the new-construction glass towers nearby. Benchmark to downtown's landmark conversions and amenity-rich condominiums.
Closing mechanics are condominium-standard — a right-of-first-refusal rather than a co-op board, with predictable timelines that appeal to the flexibility-minded buyer this building attracts. With 99 units and the building's architectural distinction, well-presented light-court and high-floor inventory benefits from limited comparable supply on the corridor.
Comparable buildings
If you're considering 49 Chambers, the relevant set is downtown's landmark conversions and full-service condominiums:
- 200 Chambers Street — Tribeca full-service condominium nearby
- 5 Beekman Street — landmark Civic Center conversion
- 20 Pine Street — landmark FiDi condominium conversion
- 1 Wall Street — landmark Art Deco conversion downtown
- 25 Broad Street — full-service Financial District building
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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